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Palmerston North 22-30 Broadway Avenue, Palmerston North

ID BC215688
Tender (will not be sold prior)   4 December 2025   |   240 Broadway Avenue, Palmerston North 4414   |   4:00pm

Receivership sale - for sale by Tender

22-30 and 32-36 Broadway Avenue, Palmerston North. An exceptional opportunity to acquire one or both of these adjoining commercial properties, strategically positioned in the heart of Palmerston North's CBD. Located on the sunny side of Broadway Avenue, these properties enjoy prime exposure and foot traffic.

Property Highlights:
22-30 Broadway Avenue
• Three ground-floor retail tenancies
• Office across 3 Levels
• Excellent street frontage and visibility
• 18 on-site car parks

32-36 Broadway Avenue
• Prominent, character-style commercial building
• Earthquake-prone and ideal for redevelopment
• High-profile position in the CBD

Location Features
• Central position within Palmerston North's retail and entertainment hub
• Adjacent to major pedestrian and vehicle routes
• Surrounded by established retail, hospitality, and office uses
• Backing onto the new TRYP by Wyndham Palmerston North - a 4.5-star, 86-room hotel currently under construction, which will feature retail outlets, health spa, gym, and conference facilities

Purchase Options
Option 1: Purchase both properties as a combined holding
Option 2: Purchase either property individually
Features
Area | 2900.00m2Land | 1350 m2Rates | $33,424.96paRegional rates | $1,586.13paLV | $1,420,000RV | $1,880,000
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Garry Doyle

M  027 452 2212  P  027 452 2212

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Garry Doyle
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